Math Problem Statement
Consider x 15 17 19 20 20 21 22 22 23 y 40 40 38 35 31 32 28 25 25
For the regression line y = a + bx, what is the value of b? Round to 2 decimal places.
Solution
To find the value of in the regression line equation , we use the formula for the slope of the regression line:
Steps to Calculate:
-
Compute the necessary sums:
- (number of data points)
-
Plug the values into the formula.
I will calculate this now.import pandas as pd
Given data
x = [15, 17, 19, 20, 20, 21, 22, 22, 23] y = [40, 40, 38, 35, 31, 32, 28, 25, 25]
Create a DataFrame to help with calculations
data = pd.DataFrame({'x': x, 'y': y}) data['xy'] = data['x'] * data['y'] data['x^2'] = data['x'] ** 2
Calculate the necessary sums
n = len(data) # number of data points sum_x = data['x'].sum() sum_y = data['y'].sum() sum_xy = data['xy'].sum() sum_x2 = data['x^2'].sum()
Calculate b
b = (n * sum_xy - sum_x * sum_y) / (n * sum_x2 - sum_x**2) b-2.1239495798319328-2.1239495798319328successThe value of in the regression line is approximately (rounded to two decimal places).
Would you like a detailed explanation of how this result was derived or any further assistance?
Here are five related questions to explore further:
- What is the interpretation of the slope in this context?
- How do you calculate the intercept for the regression line?
- Can you provide predictions for using this regression equation?
- How would the value of change if one data point were altered?
- What does the sign of indicate about the relationship between and ?
Tip: Always visualize your data with a scatterplot to better understand the relationship before calculating regression!
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Math Problem Analysis
Mathematical Concepts
Statistics
Linear Regression
Slope of a Regression Line
Formulas
b = (n * Σ(xy) - Σx * Σy) / (n * Σ(x^2) - (Σx)^2)
Theorems
Least Squares Regression
Suitable Grade Level
Grades 10-12
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